MCL5902 ASSIGNMENT 1 2025 – FULLY ANSWERED (DUE 22 MAY 2025)

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MCL5902 Assignment 1 Memo | Due 22 May 2025. All questions fully answered.

1.1. Critically analyse the quotation below with specific reference to the relevant section/s in the Companies Act 71 of 2008, case law if applicable, and the relevant journal article/s. “Several of the sections regulating directors’ duties may apply in situations regarding corporate opportunities and the act, interpreted in conjunction with the common law, has gone some way towards clarifying these obligations. I have attempted to point out some of the uncertainties
regarding the expropriation of corporate opportunities that in my view remain unaddressed by the current formulation of directors ‘ duties.”

1.2. Critique of the Amplified Definition of “Director” in Sections 75-78 of the Companies Act 71 of 2008 ……… All questions fully answered.